The total value of cryptocurrency scams nudged close to £200million in the past year, new data shows.
In total, 9,850 individuals were scammed out of £186million by crypto scammers in the year to 31 October, analysis by communications consultancy Mattison shows.
The number scammed ticked up from a year earlier and is likely to have ballooned further as interest in bitcoin and alternative coins ride another wave thanks to the price recently hitting record highs.
The so-called ‘Trump-trade’ saw bitcoin surpass $100,000 for the first time.
